Robots will replace most low paying jobs within a generation

Discussion in 'Economy' started by Old Texas Reb, Aug 27, 2018.

  1. Old Texas Reb
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    Old Texas Reb Member

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    A lot of cities are establishing their own "living wage" hourly rates around the $15 level. LA recently bumped it up to $18. Even here in Austin, fast food chains can't get or keep workers unless they pay around $12.

    Many fast food restaurants, retail stores and small contractors are beginning to see their profits being squeezed at this level and are having problems passing this extra cost along to their customers. If they raise their prices, they lose business.

    We are getting close to a tipping point where a lot of these companies will choose to automate functions currently performed by restaurant workers and sales clerks. It's already begun to happen in many cities on the East & West coast. If the wage rate for employees reaches $20, companies will either automate or fold up. Contractors and builders can't automate, but they will survive by hiring people off the books (illegals).

    Each year our dysfunctional education system graduates hordes of kids from high school that are barely literate. Who is going to take care of these people if they can't find jobs and have no skills -the Federal government?
     
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  2. william the wie
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    william the wie Gold Member

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    good question, no good answer.
     
  3. BuckToothMoron
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    BuckToothMoron Gold Member

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    Let’s do the math- many McDonald’s are open 24 hours a day, but let’s just assume 15 hours per day, let’s also assume only 350 days per year, average hourly wage of $8.

    15 hrs x 350 days x $8/hour = $42,000 to pay a person (people) to take an order and make change or run a credit card.

    Now you can buy a top of the line ATM for $10,000. (Remanufactured/programmed as a mickey Ds cashier). You don’t have to pay unemployment tax, it doesn’t call in sick (some maintenance for sure, but not like babysitting a teenage employee), it won’t take breaks, be late for work, etc.

    Frankly I’m shocked there is a single human cashier at any fast food restaurant. The machine will cost less and be much more dependable.
     
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  4. ABikerSailor
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    ABikerSailor Diamond Member

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    Hate to tell you, but "temp" robot workers, who can be rented by the hour, are already here in the USA.

    Robot Rental Comes of Age | 2018-04-10 | Assembly Magazine

    Traditionally, some manufacturers have avoided robots because of the cost. However, a new robots-for-hire business model is changing that misperception and enabling many types of companies to benefit from automation.


    Large and small manufacturers in a wide variety of industries are now beginning to treat robots as “temp workers.” It’s part of a new trend called Robotics as a Service (RaaS).


    “RaaS originally was coined to describe the business model whereby robotic platforms functioned on cloud platforms that were sold as a service to end users,” says Rian Whitton, a research analyst at ABI Research Inc. “Now, RaaS represents one of the most notable phenomena in the development and diversification of commercial robots across an ever-expanding list of markets and [applications].”

     
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  5. harmonica
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    harmonica Gold Member

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    you are calculating way to high!!!!!!!!
    15 hours per day???!!!
    350 days??!!
    do they sleep?
     
  6. BuckToothMoron
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    BuckToothMoron Gold Member

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    Show me your math. I’d say I’m probably low if anything.
     
  7. harmonica
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    harmonica Gold Member

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    15 hours a day for 350 days?? RIDICULOUS
     
  8. BuckToothMoron
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    BuckToothMoron Gold Member

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    So you just say “wrong”, but provide no rebuttal. What is RIDICULOUS about my calculation. I’m pretty good at math.
     
  9. harmonica
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    harmonica Gold Member

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    ok my bad?? you mean total?
     
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  10. harmonica
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    harmonica Gold Member

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    ....at Bread Co/Panera you order and pay online---then just pick it up on the shelf...you don't deal with any live person
     
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